Tag: ipo

Hong Kong stocks rose more than 5% on Wednesday, tracking gains in broader Asia as hopes grew that central banks globally could slow the pace of interest rate hikes amid signs previous policy ... ( read original story ...)

By Yifan Wang Chinese battery maker CALB Co. has priced its Hong Kong initial public offering at 38 Hong Kong dollars (US$4.84) a share, aiming to raise ... ( read original story ...)

Stocks in Hong Kong surged as trading in the financial hub resumed after a holiday, playing catch-up to the rally in global equities. Most Read from BloombergMusk Revives $44 Billion Twitter Bid, ... ( read original story ...)

Hong Kong’s monetary chiefs can raise a glass to Liz Truss and Kwasi Kwarteng for giving global speculators something else to jump on. ( read original story ...)

Real estate developer China Vanke’s property services unit, Onewo, is looking to go public in what will be Hong Kong’s largest IPO this year. Onewo hopes to raise up to $783.5 million by selling a 10% ... ( read original story ...)

HSBC Bank Canada is a very strong business and Canada’s leading international bank,” they added. A large group of Hong Kong retail investors with stakes in HSBC have supported Ping An’s campaign. ( read original story ...)

HSBC Holdings PLC (LON:HSBA) is in the early stages of exploring a sale of its Canadian subsidiary, according to statements from the bank quoted in media reports. Sources first told Sky News that HSBC ... ( read original story ...)

HSBC is exploring a potential sale of its Canadian operations as it faces pressure from its largest shareholder, Ping An Insurance Group, to break up its business. ( read original story ...)

HSBC has launched a strategic review of its Canadian business that could lead to a sale for up to $9bn, as the group resists pressure from its largest shareholder Ping An to split its Asian and ... ( read original story ...)

Police said on Tuesday that a 62-year-old man had been allegedly conned out of over HK$3.8 million by fraudsters posing as government officials. ( read original story ...)

Logan Wright, a Hong Kong-based partner at consultancy Rhodium Group, calls the situation a “slow-motion financial crisis”. Contagion is spreading into the deep tissue of China’s political economy. ( read original story ...)

Linklaters said Monday that it has added a new partner to its Asia restructuring and insolvency practice in Hong Kong from rival U.K.-founded law firm Allen & Overy. ( read original story ...)

The Hang Seng Index closed at an 11-year low, with losses in financials and tech, although piecemeal property measures out of Beijing temporarily boosted developers. ( read original story ...)

Hong Kong's de facto central bank bought HK$2.355 billion ($300.00 million) from the market on Monday to stop the local currency weakening and breaking its peg to the U.S. dollar.The Hong Kong dollar ... ( read original story ...)